Makoto, London Fields

Address: 5-6 The Oval, Bethnal Green E2

Use: 222 co-living beds, 1,357 sqm commercial

GIA: 5184 sqm

Acquired: Q1 2024

Practical Completion: Q4 2026

Roles: Acquisition, Financing, Planning, Construction, Operations

The Building

What people think…

  • “The community focus of RE:shape really brought this project to life for us and we are proud to have it in our council. We look forward to seeing the community blossom in this welcome addition to the neighbourhood."

    Gina, LBTH Planning Lead

  • “From our first meeting, we could tell the Re:shape team just actually gave a shit about being our neighbourhood and contributing to the communityof small businesses we have built. Finding the synergies and working together to further the social impact of the area has been a treat and long may in continue."

    Shraga, Containerville

  • "I met the team during construction when I heard what was going on and from the moment I engaged the teams have listened and responded to my worries and now I frequent the events and get my morning coffee onsite. I could not be happeier with this new asset being built around the corner from my home."

    Lindsey, Neighbour

Our Impact

Every project is unique and we jump at the chance to dive in, find the local characters and unique offerings in the neighbourhood and figure out how to incorporate the community history and relevant actors into our places. For Bethnal Green, there was a special focus on markets as we are so close to Broadway and Columbia Road markets which boast impeccable histories and an insane amount of tradecraft.

Economic Impact

On this project we were able to deliver a 20% IRR to our investors while creating 25 new jobs and bringing £25m per annum in new value to the community.

Environmental Impact

On this project we were able to deliver a 20% IRR to our investors while creating 25 new jobs and bringing £25m per annum in new value to the community.

Social Impact

On this project we were able to deliver a 20% IRR to our investors while creating 25 new jobs and bringing £25m per annum in new value to the community.

The Community

Every project is unique and we jump at the chance to dive in, find the local characters and unique offerings in the neighbourhood and figure out how to incorporate the community history and relevant actors into our places. For Bethnal Green, there was a special focus on markets as we are so close to Broadway and Columbia Road markets which boast impeccable histories and an insane amount of tradecraft.